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. >>> back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend break. this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many law
. >>> back here at home, fiscal cliff negotiations in washington are still up in the air. most lawmakers have gone home for a long weekend break. this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over...
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the fiscal cliff. the only hopeful sign is that republicans and democrats are talking privately again. but they haven't worked out any of the big issues, including what to do about the nation's debt limit. washington will hit its borrowing limit early next year, darren gersh has the latest. >> reporter: sitting around the kitchen table with a middle class family in virginia, the president once again pressed for congress to avoid the fiscal cliff. >> if this family has a couple of thousand dollars less to spend, that translates into $200 billion of less consumer spending next year. and that's bad for businesses, large and small. >> reporter: behind the scenes, the two sides are talking again. but there was no progress in public. senators today fought over the debt limit, and ended up deadlocked over a bill to allow the president to automatically increase borrowing. >> he's shown what he is really after is unprecedented powers to spend taxpayer dollars without any limit at all. >> reporter: if the debt l
the fiscal cliff. the only hopeful sign is that republicans and democrats are talking privately again. but they haven't worked out any of the big issues, including what to do about the nation's debt limit. washington will hit its borrowing limit early next year, darren gersh has the latest. >> reporter: sitting around the kitchen table with a middle class family in virginia, the president once again pressed for congress to avoid the fiscal cliff. >> if this family has a couple of...
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but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
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Dec 11, 2012
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first, house speaker john boehner sent a counteroffer to president obama to fend off the fiscal cliff. in a response to an offer made by the white house yesterday, we go to rich edson from washington, d.c. with the latest. rich, any response from the white house on this? >> still working on that. aids say in exchhnge of proposals taken place, some movement, but still major differences between the white house and speaker's office. fox news reports the speaker and president just spoke on the phone. white house folks say there's a sign of movement. a senior house aide says the white house reduced the demand for tax revenue increases from $1.6 trillion to $1.4 trillion, well short of the latest republican offer of $800 billion, though, there is another offer on the table from republicans that the details are unknown. boehner spokesman says we acceptability the white house a counteroffer to achieve reform to solve the crisis. we're still waiting for the white house to identify which spending cuts the president is willing to make as part of the balanced approach. fox news is reporting senio
first, house speaker john boehner sent a counteroffer to president obama to fend off the fiscal cliff. in a response to an offer made by the white house yesterday, we go to rich edson from washington, d.c. with the latest. rich, any response from the white house on this? >> still working on that. aids say in exchhnge of proposals taken place, some movement, but still major differences between the white house and speaker's office. fox news reports the speaker and president just spoke on...
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a lot of projects on hold, though, fiscal cliff. yep, the obstacle is washington all because of the need to sock it to the 2% not the 1.5% and the over 400,000 crowd, the 1%, or the need to fulfill the anti-tax pledge of allegiance many of our congressmen made to grover norquist. he makes the other guys look like crash dummies. we're on the cusp of an economic boom in this country. but we have politicians that would rather create a recession, a mandated economic collapse, let's create a bear market versus rising above. and guess what? these enemies of wealth and job creation may get their way and win. yes, to borrow a phrase from my own rant last time we were on the brink of a washington-inspired financial disaster, they know nothing. shawn in illinois. shawn? >> caller: hello, jim. >> what's up, chief? >> caller: from chicago land. >> done. speak to me. >> caller: -- for some time now, and i just heard a report that their sales revenue from call of duty black ops 2 has topped $1 billion in 15 days. and for the entire "call of duty"
a lot of projects on hold, though, fiscal cliff. yep, the obstacle is washington all because of the need to sock it to the 2% not the 1.5% and the over 400,000 crowd, the 1%, or the need to fulfill the anti-tax pledge of allegiance many of our congressmen made to grover norquist. he makes the other guys look like crash dummies. we're on the cusp of an economic boom in this country. but we have politicians that would rather create a recession, a mandated economic collapse, let's create a bear...
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Dec 9, 2012
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. >>> new today, leaders from both sides agreeing the best option is to avoid the fiscal cliff. they can't agree on which path to take to get there. >>> i don't think republicans or americans want to raise any taxes just to continue this spending in washington. they want a more efficient and more accountable. what we are saying is we need to do what ronald reagan did with tip o'neill, show the leadership to get in the room. same as bill clinton did with newt gingrich. get in the room and make the changes that are needed. >> the president wants to solve the problem. it's what he said in the campaign. it's what he's saying now. we cannot lurch from one crisis to the other. think of all the times tea party republicans and speaker boehner threatened to shut down the government over the debt ceiling. listen, if we are going to have this certainty for businesses to invest and know new jobs are being created we have to get this behind us. >> joining me now, dana millbank and kristina. it's great to have you both here. bob corker said the idea of raising taxes on the top 2% has merit. t
. >>> new today, leaders from both sides agreeing the best option is to avoid the fiscal cliff. they can't agree on which path to take to get there. >>> i don't think republicans or americans want to raise any taxes just to continue this spending in washington. they want a more efficient and more accountable. what we are saying is we need to do what ronald reagan did with tip o'neill, show the leadership to get in the room. same as bill clinton did with newt gingrich. get in...
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while washington trades offers, cramer's keeping you one step ahead of the fiscal cliff fiasco. tonight, a read of the regionals from the ceo of citi national bank. find out if you should be making a deposit. all coming up on "mad money." >>> don't miss a second of "mad money." follow@jimcramer on twitter. have a question, tweet cramer, #madtweets. give us a call at 1-800-743-thchlt. >> announcer:. miss something? head to "mad money".cnbc.com. >>> with the fiscal cliff looming less than a month away you might think certainly sectors would be getting hammered right now. not the obvious ones like defense. given the defense budget will be cut dramatically if our leaders don't reach a compromise, take retail. if we go over the cliff, something i've been telling you as of this week, more likely by the day, not less, that will deal a huge blow it purchasing power of most americans. think about it. tax rates go up. >> boo. >> the payroll tax holiday goes away. [ buzzer ] unemployment benefits expire for most people -- [ baby crying ] and that's is not even accounting for the layoffs. t
while washington trades offers, cramer's keeping you one step ahead of the fiscal cliff fiasco. tonight, a read of the regionals from the ceo of citi national bank. find out if you should be making a deposit. all coming up on "mad money." >>> don't miss a second of "mad money." follow@jimcramer on twitter. have a question, tweet cramer, #madtweets. give us a call at 1-800-743-thchlt. >> announcer:. miss something? head to "mad money".cnbc.com....
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just looking on my twitter feed here, "washington post"/abc poll of handling of fiscal cliff negotiations, obama, 47% approve, 46% disapprove. boehner, 24% approve. 54% disapprove. i would say, the republican party continues to have a branding problem. >> there is. >> or a disintegrating problem in washington. >> it is a branding problem that was born of chaos in the primary process that continues. there is a great "politico" article that actually talks about the republican problem with branding. and talks about -- >> it's a great piece. >> have you seen this? >> yeah. >> the republican party has a branding problem. these are researchers that say -- we asked 22, 23 different topics, whether americans related more to the democratic party or the republican party. 22 of the 23, they appeal more to democrats. >> yeah. >> it is a generalized, massive branding problem over what's happened nationally over the past year. >> except in the south. >> the piece, in part, points out that unlike people who sit around here, most people, normal people out there in america react emotionally to politics wh
just looking on my twitter feed here, "washington post"/abc poll of handling of fiscal cliff negotiations, obama, 47% approve, 46% disapprove. boehner, 24% approve. 54% disapprove. i would say, the republican party continues to have a branding problem. >> there is. >> or a disintegrating problem in washington. >> it is a branding problem that was born of chaos in the primary process that continues. there is a great "politico" article that actually talks...
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o'malley and a bipartisan group of governors to washington to offer their thoughts on the fiscal cliff, urging republicans and democrats to work together to avoid automatic increases and spending cuts set for the end of the year. in baltimore, a group of demonstrators outside the social security office made their feelings known, urging a resolution that does not include cuts in social security jobs and services. >> we're concerned about the cuts in social security. and we would like to see them change. and we don't want to see our public hurt in any way. we want to serve public every day. >> you don't take money out of people's hands when you're trying to promote jobs. >> this is not a crime to cut back. >> for maryland, there's more than associate security cuts at stake. overall, maryland has 300,000 direct jobs and another 230,000 contracting jobs supported by the federal government. >> maryland has the fourth highest number of government- related jobs in the country. i'm pat warren reporting. now back to you on tv hill. >> and employees at more than 100 social security offices natio
o'malley and a bipartisan group of governors to washington to offer their thoughts on the fiscal cliff, urging republicans and democrats to work together to avoid automatic increases and spending cuts set for the end of the year. in baltimore, a group of demonstrators outside the social security office made their feelings known, urging a resolution that does not include cuts in social security jobs and services. >> we're concerned about the cuts in social security. and we would like to...
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. >> now to washington where president obama is warning republicans not to use the fiscal cliff as a borrowing limit. both sides seem to be digging in their heels with no move to avoid the fiscal cliff. fiscal cliff negotiations have been at a stand still since monday when republicans proposed raising revenue by closing tax loopholes not by raising rates own the wealthy as the president has demanded. >> we're not insisting on rates out of spite but rather because we need to raise a certain amount of revenue. >> we can't keep borrowing mown and raising taxes and expect the problem to go away. >> with no solution in sight the white house budget is now ordering the pentagon and other an an jencies to finalize their plan to avoid massive spending cuts. >> secretary of state clinton says nato's decision missiles to turkey sends a clear message that tour ski is backed by its allies. the big concern remains an increasely desperate assad regime will turn to chemical weapons as rebel fighting rages on. the u.s. and its partners are looking to apply additional pressure on at a conference next
. >> now to washington where president obama is warning republicans not to use the fiscal cliff as a borrowing limit. both sides seem to be digging in their heels with no move to avoid the fiscal cliff. fiscal cliff negotiations have been at a stand still since monday when republicans proposed raising revenue by closing tax loopholes not by raising rates own the wealthy as the president has demanded. >> we're not insisting on rates out of spite but rather because we need to raise a...
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and speaking of the fiscal cliff, let me say to washington, no vacation without legislation. we will be virtually monitoring airports to see which legislators are leaving town now that the vacation is supposed to begin. you know what? if we don't have a deal by this vacation, or a pledge not to go away, then the odds go to -- down to 50-50 that we'll get one before the end of the year. and then we may only get one when people look at their take-home play and have a collective bout of nausea from a recognition that there was a fiscal cliff all along and we were just pushed over it. that's how much your paycheck's going to shrink. here's the bottom line. let's hope for the best that our politicians move in the right direction. something we can see as early as sunday morning when they appear on the major political talk shows like "meet the press." but we'll be preparing for the worst. >> the house of pain! >> that our lawmakers go home for the holidays, meaning we will likely go over the cliff and nothing will be done about it until after taxpayers actually feel the real pain. l
and speaking of the fiscal cliff, let me say to washington, no vacation without legislation. we will be virtually monitoring airports to see which legislators are leaving town now that the vacation is supposed to begin. you know what? if we don't have a deal by this vacation, or a pledge not to go away, then the odds go to -- down to 50-50 that we'll get one before the end of the year. and then we may only get one when people look at their take-home play and have a collective bout of nausea...
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of course, everyone waiting on the fiscal cliff here in washington. have yourself a very merry christmas. they did a great job. tracy: we have to get that on air. ashley: great voice, also. thank you. see you in 15 minutes. tracy: president obama focusing on keeping the entire country from going over the fiscal cliff. one person directly asking the president for a bailout. gerri willis has the latest. gerri: she says they are owed. wayne county voted 75% for the president. listen to this. >> our people, overwhelmingly, supported the president. there ought to be a pro- flow. you exercise leadership on that. gerri: she went on to say that you go to washington and come back with the bacon. that is what you do, she says. [talking over each other] gerri: people have to watch this clip. tracy: it dumbfounded me that people in america think this way. ashley: she is basically saying they'll out the city. gerri: the city is in desperate financial trouble. worried they cannot make payroll this month. we will have the city council on the show tonight. in the bac
of course, everyone waiting on the fiscal cliff here in washington. have yourself a very merry christmas. they did a great job. tracy: we have to get that on air. ashley: great voice, also. thank you. see you in 15 minutes. tracy: president obama focusing on keeping the entire country from going over the fiscal cliff. one person directly asking the president for a bailout. gerri willis has the latest. gerri: she says they are owed. wayne county voted 75% for the president. listen to this....
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it's my fiscal cliff helmet down here in washington. >> oh, understood. >> i love it. let's go through the list. not surprising who is number one? >> a re-elected barack obama back at number one. two years ago we had hu jintao so it is not automatic the president is at the top but with a kind of mini mandate, four more years and the defacto leader of the free world it is a pretty easy selection of number one. >> angela merkel number two. easy to understand. >> europe goes through germany and germany goes through merkel. >> let's talk about vladimir putin coming in at number three. >> yes. he has been on the list even when he wasn't president because we all know who was still running the show then. he's back up there with a bullet. he's been as high as two on this list. here is somebody who has a u.n. security council permanency, controls a huge oil and gas reserve, has a nuclear tipped army and wields his power very effectively. >> and loves to show his muscles. many times as possible. >> powerful in many ways. that's right. >> of late bill gates has been the rodney da
it's my fiscal cliff helmet down here in washington. >> oh, understood. >> i love it. let's go through the list. not surprising who is number one? >> a re-elected barack obama back at number one. two years ago we had hu jintao so it is not automatic the president is at the top but with a kind of mini mandate, four more years and the defacto leader of the free world it is a pretty easy selection of number one. >> angela merkel number two. easy to understand. >>...
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. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says the cuts will save more than $1 billion a year. the bulk of the jobs are in global operations. it is unclear how many jobs will be lost here in the united states. >>> i already calculated your rain total for the day. next, the conditions you can expect tomorrow that will impact your morning commute. >> california lawmakers buying state cars. the new report that reveals how that move actually >>> a new report shows at least a dozen california lawmakers repaired, or upgraded their state vehicles at taxpayer expense just before pieing them as their personal vehicle
. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the...
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. >>> coming up next with just 24 days to go until the fiscal cliff deadline, speaker john boehner wants negotiations to be just between him and the president. will this be washington's last hope? i'm getting a deal done. keep it here on "morning joe." [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every da
. >>> coming up next with just 24 days to go until the fiscal cliff deadline, speaker john boehner wants negotiations to be just between him and the president. will this be washington's last hope? i'm getting a deal done. keep it here on "morning joe." [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you...
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. >>> to washington now. the soap opera we call the fiscal cliff. before we get to our chief washington john harwood and the president is meeting with another grouch ceos, i need to start with eamon javers on capitol hill where lawmakers are skipping down early for a long weekend. eamon, wasn't thanksgiving just a couple weeks ago? >> it was. let me check michael ichaey cal. you see rank and file members of congress leaving the capitol. they are done for the week. they're headed back loam to their hometown districts. a lot of folks focused on this negotiation right now but the reality is that the negotiations are taking place among just a very few, very high level people. i was talking to a few rank and file members yesterday who said they were frustrated there is not a whole lot for them to do, they are just sitting around here waiting for some break-through in these negotiations. they want something to do on the floor, in their offices and there is not much for them to sink their teeth into. now they're going into their district. leadership is goi
. >>> to washington now. the soap opera we call the fiscal cliff. before we get to our chief washington john harwood and the president is meeting with another grouch ceos, i need to start with eamon javers on capitol hill where lawmakers are skipping down early for a long weekend. eamon, wasn't thanksgiving just a couple weeks ago? >> it was. let me check michael ichaey cal. you see rank and file members of congress leaving the capitol. they are done for the week. they're headed...
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. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says the cuts will save more than $1 billion a year. the bulk of the jobs are in global operations. it is unclear how many jobs will be lost here in the united states. >>> i already calculated your rain total for the day. next, the conditions you can expect tomorrow that will impact your morning commute. >> california lawmakers buying state cars. the new report that reveals how that move actually costs taxpayers thousands of dollars. >> a modern jazz giant. what we uncovered by dave ruebeck's strong ties to the bay area. >>> a new report shows at least a dozen califo
. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the...
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hold the president responsible if the nation goes over the fiscal cliff. the two sides appear close to an agreement on little things. it could lead to higher airline ticket prices and no more mail delivery on saturday. >> oh, boy. susan mcginnis in washington this morning. susan, thank you so much. one of the tax breaks due to expire next month is the payroll tax. that's the tax listed on your pay stub as fica. the money you pay into social security and medicare. it was reduced by two percentage points during the recession. jim axelrod has more. >> reporter: the payroll tax cut has given this family an extra $70 a month to spend. john is a maintenance man in jersey city, new jersey. >> are you paying any attention to what's going on in washington right now? >> of course. >> reporter: their $50,000 a year income put them almost exactly in the middle of the american household. if it's not extended those $1,035 more. >> do you have room to cut back? >> no. >> reporter: if the tax cut expires paycheck contributions will go from 4.2% to 6.2%. that's $115 billio
hold the president responsible if the nation goes over the fiscal cliff. the two sides appear close to an agreement on little things. it could lead to higher airline ticket prices and no more mail delivery on saturday. >> oh, boy. susan mcginnis in washington this morning. susan, thank you so much. one of the tax breaks due to expire next month is the payroll tax. that's the tax listed on your pay stub as fica. the money you pay into social security and medicare. it was reduced by two...
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. >> the fiscal cliff which the republicans voted for and the 2%. but we'll get there. best-selling author jon meacham is still with us. along with "the washington post's" david ignatius in washington and former director of the office for budget, vice chairman of global banking at citibank and adjunct -- good lord, seriously. >> you've got more titles than mark mckinnon. we've got peter orzsag. >> from "time" rana faroohar is here. >> the frito-lay. >> so peter, we have a lot to talk about. first of all, explain what's going on. you see the two sides lobbying, these rhetorical missiles past these other while john boehner and president obama are calmly, quietly, privately speaking. what's going on? is that for the base? who is that far? >> well, yeah. first, look, if we had a deal on december 10th, both bases would say you're nuts, you gave too much. it's not surprising that it hasn't come together. i think the big concern at this point is you can see a deal coming together on taxes. >> on taxes, right. >> some increase in marginal tax rates, not to 39.6%. some reduction
. >> the fiscal cliff which the republicans voted for and the 2%. but we'll get there. best-selling author jon meacham is still with us. along with "the washington post's" david ignatius in washington and former director of the office for budget, vice chairman of global banking at citibank and adjunct -- good lord, seriously. >> you've got more titles than mark mckinnon. we've got peter orzsag. >> from "time" rana faroohar is here. >> the frito-lay....
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the foj kus is on washington as fiscal cliff negotiations continue. we will also get an update on the health of the labor market when the weekly jobless claims report comes out later this month. >>> by now you all know the siren logo. >> many of you will grab a cup of coffee this morning. starbucks ceo has sobering advice to offer on the looming fiscal cliff, that the consequences will be far worse than last year's debt ceiling fight when the u.s. credit rating was downgraded for the first time ever. his message to lawmakers, now is not the time to play politics. it's about doing right by the american people. >> i think if people would get in the room and leave their ego behind, and not be so skewed towards the party but be so sensitive to the lens of the american people, we will have an agreement. >> poppy harlow is joining us with more. we've been talking about how this will affect us. schultz says this goes way beyond our boarders. >> it's global. something that stuck with me talking to him about this, the people who need a deal most will be hurt t
the foj kus is on washington as fiscal cliff negotiations continue. we will also get an update on the health of the labor market when the weekly jobless claims report comes out later this month. >>> by now you all know the siren logo. >> many of you will grab a cup of coffee this morning. starbucks ceo has sobering advice to offer on the looming fiscal cliff, that the consequences will be far worse than last year's debt ceiling fight when the u.s. credit rating was downgraded for...
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. >>> and maybe abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the county clerk's office in seattle opened at midnight to accommodate couples eager to make history. there's another historic first in washington overnight. it is now legal to buy and possess pot. the law, though, bans public use of marijuana, like drinking in public. and it's against the wall to sell pot. the state is trying to work out a system to license growers. >>> and with that, we'll take a look -- >> you can't buy it or sell it. >> time, now, for the weather across the country. showers from portland to seattle. up to eight inches of snow in the northern cascades and rockies. mild in the nation's midsection. pop-up showers in omaha, cincinnati and louisville. and scattered showers from the carolina coast through florida.
. >>> and maybe abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the county clerk's office in seattle opened at midnight to accommodate couples eager to make history. there's another...
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they say congress needs to add tresz the so-called fiscal cliff before scheduled tax sxhieks spending cuts go into effect. one berkeley mother was among those in washington. >> like many families, i don't have any other place to cut right now so we're here to stand up and make sure that our voices are heard. >> the group also delivered signed petitions urging congress to end the bush tax cuts for the wealthy. >>> representatives from huns of charities have descended on capitol hill in an effort to dlsh there has been talk of capping the deduction but nonprofit leaders say they're afraid if the government limits the deduction people would drastically cut back on their donation. >> that means there will be less opportunity for people to be fed. there will be less nights of care provided for those who are homeless. there will be less service for disaster situations. >> some republican pros pose limiting all itemized tax deductions, but president obama wants to increase tax rates for the wealthiest 2% of americans instead. >>> government regulators are taking action against a baby recline
they say congress needs to add tresz the so-called fiscal cliff before scheduled tax sxhieks spending cuts go into effect. one berkeley mother was among those in washington. >> like many families, i don't have any other place to cut right now so we're here to stand up and make sure that our voices are heard. >> the group also delivered signed petitions urging congress to end the bush tax cuts for the wealthy. >>> representatives from huns of charities have descended on...
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connell: breaking news out of washington. earlier, speaker boehner speaking about the fiscal cliff. now it is president obama. let's listen. >> we have emerged not yet where we need to be, but we certainly have made progress. the reason we have made progress in part is because of the outstanding management and productivity and gains and efficiencies that you have been able to achieve in each and every one of your companies. i have said this to some of the small groups, let me repeat it to the large groups, i am passionately rooting for your success. if the companies in this room are doing well, then, small businesses and medium size businesses up and down the chain are doing well. if companies in this room are doing well, then, folks get jobs, consumers get confidence and we will be able to compete around the world. now, the good news is, despite the extraordinary challenges we have seen over the last four years, there is progress in some key sectors of our economy. we have seen housing finally begin to bounce back for the first time. that has an enormous ripple effect throughout th
connell: breaking news out of washington. earlier, speaker boehner speaking about the fiscal cliff. now it is president obama. let's listen. >> we have emerged not yet where we need to be, but we certainly have made progress. the reason we have made progress in part is because of the outstanding management and productivity and gains and efficiencies that you have been able to achieve in each and every one of your companies. i have said this to some of the small groups, let me repeat it to...
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Dec 5, 2012
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. >>> in washington republicans are split on how to avoid the fiscal cliff. ktvu house smoker john boehner could be facing an uphill battle within his own -- >> reporter: speaker boehner -- certainly talk here that some republicans could revolt if speaker boehner caves to pressure from the white house to raise tax rates on the wealthiest 2% of americans. and while he's certainly had not agreed to that some are promising to block it. tea party favorite jim says giving into democrats to avoid the fiscal cliff is a temporary solution he's not willing to support. >> republicans should not be conceding the federal government needs more money. >> reporter: we will be hearing from democrats shortly. minority leader nancy pelosi is holding a news conference. we'll have that for you during our next update. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> a los angeles area fire house is under fire for letting an exdeny letting an exercise company shoot a racy video inside its station. the video by hoopnautic.com shows a scantily dressed woman
. >>> in washington republicans are split on how to avoid the fiscal cliff. ktvu house smoker john boehner could be facing an uphill battle within his own -- >> reporter: speaker boehner -- certainly talk here that some republicans could revolt if speaker boehner caves to pressure from the white house to raise tax rates on the wealthiest 2% of americans. and while he's certainly had not agreed to that some are promising to block it. tea party favorite jim says giving into...
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Dec 10, 2012
12/12
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cliff. nurses in 10 states, including here in the bay area are holding a candlelight vigil tonight, president obama heads to detroit. in washington republicans and democrats remain far from a deal. a slight ray of hope, as mr. obama and speaker boehner met face-to-face. in washington can't strike a deal by the end of the year all -- automatic spending cuts go into effect. >>> the white house has ordered military to plan on slashing 500 billion from its budget over the next 10 years. federal funding for schools will be cut 8.2% some ideas include eliminating tax deduction for charitable contributions. no longer allowing homeowners who write-off mortgage payments. >>> time for a check on the weather. >>> 68 in santa rosa, going to be well above average by four to eight degrees. good morning. fairfield six mile visibility, santa rosa 1 and 3/4 everybody else unlimited. land breeze keeping clouds out over the coast. coolest inland where we have the 40s, except napa 51 around the bay and coast in
cliff. nurses in 10 states, including here in the bay area are holding a candlelight vigil tonight, president obama heads to detroit. in washington republicans and democrats remain far from a deal. a slight ray of hope, as mr. obama and speaker boehner met face-to-face. in washington can't strike a deal by the end of the year all -- automatic spending cuts go into effect. >>> the white house has ordered military to plan on slashing 500 billion from its budget over the next 10 years....
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Dec 11, 2012
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cliff if washington can't strike a deal. so with the clock ticking and the stakes so high, both the white house and republican leaders are tamping down their fiery rhetoric. listen to president obama's sales pitch for his version of a compromise. >> when you put it all together, what you need is a package that keeps taxes where they are for middle class families, we make some tough spending cuts on things that we don't need, and then we ask the wealthiest americans to pay a slightly higher tax rate. >> brianna keilar is at the white house. brianna, are meetings going on outside of the public's view? is that your understanding? >> reporter: well, there are discussions. that is what we're told. as we understand it, obviously, the last meeting between the president and speaker boehner was on sunday. but we're told by both the white house and the speaker's office that discussions are ongoing, so, obviously, they can all pick up the telephone, and that, quote, the lines of communication are open. this is thing we're hearing over
cliff if washington can't strike a deal. so with the clock ticking and the stakes so high, both the white house and republican leaders are tamping down their fiery rhetoric. listen to president obama's sales pitch for his version of a compromise. >> when you put it all together, what you need is a package that keeps taxes where they are for middle class families, we make some tough spending cuts on things that we don't need, and then we ask the wealthiest americans to pay a slightly...
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Dec 6, 2012
12/12
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but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this afternoon president obama's fiscal photo-op off the day takes him to the suburban home of a middle class families in virginia, one of the thousands who responded to the
but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this afternoon president obama's fiscal photo-op off the day takes him to the suburban...
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Dec 12, 2012
12/12
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KRON
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also late news about the fiscal cliff. a new abc washington /washington post survey saying 49 percent approval obamas handling talks to avoid the so-called fiscal quick, while only 125% of for woodhouse speaker john boehner has handled the negotiations. >> they are still at a standstill. >> thank you james yad hoo e-mail services have gotten a makeover. the new read that in boxes are user friendly. it is the company's attempt to regain some of the ground lost to globoogle . ya hoo new see all mariss mzyer is trying to give people more reason to use the company's on-line service and stick around longer. she played a key role in g male when she worked at google. the world's top e-mail service. >> coming up we will have our financial asked bird robb black. we are talking about a company called the number one spot to avoid. we will tell you why t g i friday is excited about servicing the end of the world. coming up as the kron 4 news continues traffic in san jose. 101 north bounds traffic backed up that the interchange. we are
also late news about the fiscal cliff. a new abc washington /washington post survey saying 49 percent approval obamas handling talks to avoid the so-called fiscal quick, while only 125% of for woodhouse speaker john boehner has handled the negotiations. >> they are still at a standstill. >> thank you james yad hoo e-mail services have gotten a makeover. the new read that in boxes are user friendly. it is the company's attempt to regain some of the ground lost to globoogle . ya hoo...
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Dec 11, 2012
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fiscal cliff. let's get you updated on the market as we do every 15 minutes, stocks now. let's go to the floor of the new york stock exchange. the market having a good day today. nicole: indeed. we have been over the 13,300 mark but still holding onto stellar games, lori and melissa. so up triple digits up 110 points so really is a nice showing. 28 of the 30 dow components in the green. we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of language in his speech that ultimately in the end he was trying to say they're trying to work it out. smooth it over, ultimately. they know a couple of trends we are seeing, technology, materiall, two areas coming under pressure recently starting to turn. europe seeing improvement helping equities along as well. lori: not sure if you mentioned the fed. we were talking about it at the top. talking about their expectations of ben bernanke. nicole: would even throw out the idea of stimulus? that helped things alon
fiscal cliff. let's get you updated on the market as we do every 15 minutes, stocks now. let's go to the floor of the new york stock exchange. the market having a good day today. nicole: indeed. we have been over the 13,300 mark but still holding onto stellar games, lori and melissa. so up triple digits up 110 points so really is a nice showing. 28 of the 30 dow components in the green. we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of...
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Dec 11, 2012
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everyone is watching washington for any news from these private fiscal cliff talks. and brace yourselves, the federal reserve begins its two-day meetings on interest rates today. >> christine romans is here talking about the fascinating report of what the world will look like in 2030. >>> every four years this report is put together, the global trends report. this is to give to incoming administration to show them what the world will look like, what intelligence agencies think the world will look like. it's fascinating. it shows china on the rise, the west in decline and china overtaking the united states in size of economy by the year 2030. here are the key findings of the new intel report. it's interesting reading. a majority of the world's population by 2030 will be out of poverty for the first time in world history. there will be wars over food and water and natural resores. populations will continue to rise and there will be recurring global economic crises but when you think about this, you think about how far we're going here. you've got asia, china in particu
everyone is watching washington for any news from these private fiscal cliff talks. and brace yourselves, the federal reserve begins its two-day meetings on interest rates today. >> christine romans is here talking about the fascinating report of what the world will look like in 2030. >>> every four years this report is put together, the global trends report. this is to give to incoming administration to show them what the world will look like, what intelligence agencies think...
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Dec 5, 2012
12/12
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KRON
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the white house's plan to of all for a boy and the fiscal cliff. president made the certainty that business leaders will keep the country going. he will speak of the 2012 tribal nations. we will be back with more headlines in just a minute. i fought on the front page of yesterday's new york post seen here has a lot of people questioning the new york newspaper and the photographer who took the photo. the headline reads doomed pushed on the subway track, this man is about to die. the 58 year-old ki suck han is desperately calling to get off of the platform near times square. seconds after he captured the it should amish the train fatally struck hawn. he died in the york hospital leaving behind a wife and daughter. near a police guard as the questioning a suspect now. umar abbasi took the picture just moments before dahan was struck. a lot of facebook people fired off getting emotional. jacqueline said that this is so sick and ridiculous and there is absolutely no respect for human life and the grieving family of this greeting of this man. >> you coul
the white house's plan to of all for a boy and the fiscal cliff. president made the certainty that business leaders will keep the country going. he will speak of the 2012 tribal nations. we will be back with more headlines in just a minute. i fought on the front page of yesterday's new york post seen here has a lot of people questioning the new york newspaper and the photographer who took the photo. the headline reads doomed pushed on the subway track, this man is about to die. the 58 year-old...
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Dec 6, 2012
12/12
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to avoid the fiscal cliff.. no details have been released on that phone conversation....but all signs point to a continued stalemate . >> the president is ready, willing and able, waiting to be able to sit down and seriously negotiate this but they have to be willing to come to the table with specifics. i think the next 72 hours are critical. if he sits back and continues to play politics, that'll give we're going. [take vo] >> the big sticking point is taxes -- and whether to raise them for the wealthiest two percent of americans. john boehner says that won't solve a big spending problem. president obama meantmie, says congress can't tie fiscal cliff talks to upcoming debt ceiling votes. also, the military budget is on the table with a possible $500 million being set aside as a warning. stay with us, more news coming up. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fi
to avoid the fiscal cliff.. no details have been released on that phone conversation....but all signs point to a continued stalemate . >> the president is ready, willing and able, waiting to be able to sit down and seriously negotiate this but they have to be willing to come to the table with specifics. i think the next 72 hours are critical. if he sits back and continues to play politics, that'll give we're going. [take vo] >> the big sticking point is taxes -- and whether to raise...
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Dec 5, 2012
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and it makes sense, the fiscal cliff nears, only 26 days away, many have thrown in the towel and this being the most wonderful time of the year. however, don't lose all hope. while we wait for washington to rise above and enjoy the long weekend, remember, no vacation without legislation. you can get a head start preparing your portfolio for whatever lies ahead, making sure you're diversified, keeping your chin up, your homework going, you call, you tweet me @jimcramer. you tell me your top five holdings and i'll tell you if it's diversified enough or if you need to mix it up a little. let's start with a tweet. tonight from @tom, who writes, clean energy fuel, groupon, broadcom and -- wow, am i diversified. you can be diversified but also be really -- have some really bad stocks, and, oh, doctor. anyway. all right. groupon, i got the mani pedi coupon this morning, i wanted to leave "squawk on the street" because they offered me three in one day for half value. but i don't know what it is, so i stayed and did the job. all right. santander, spanish bank, broadcom, my charitable trust own
and it makes sense, the fiscal cliff nears, only 26 days away, many have thrown in the towel and this being the most wonderful time of the year. however, don't lose all hope. while we wait for washington to rise above and enjoy the long weekend, remember, no vacation without legislation. you can get a head start preparing your portfolio for whatever lies ahead, making sure you're diversified, keeping your chin up, your homework going, you call, you tweet me @jimcramer. you tell me your top five...
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. >> as fiscal cliff negotiations and debate continues, i think it's important to remember that washington doesn't have a revenue problem. it has a spending problem. under this administration under president obama we have seen record deficits and a record debt accumulate and yet he keeps demanding that we raise taxes -- >> those are some of the republican leadership in the house as you can see responding to the white house's response to their counteroffer of a couple days ago as a reminder the president is going to speak to the business roundtable at 10:50 this morning. we think he'll take some questions even as gop leadership is meeting with small businesses as negotiations or lack thereof over the fiscal cliff continue. >> did you see that the nbc white house team is reporting the belief that perhaps the republicans don't have the fight in them anymore to really dig in now on the concessions on the way which is good news if you don't want to go over the fiscal cliff but they are dispelling the real argument for later on. >> fuel line inspections being ordered for boeing 787 dreamliner. p
. >> as fiscal cliff negotiations and debate continues, i think it's important to remember that washington doesn't have a revenue problem. it has a spending problem. under this administration under president obama we have seen record deficits and a record debt accumulate and yet he keeps demanding that we raise taxes -- >> those are some of the republican leadership in the house as you can see responding to the white house's response to their counteroffer of a couple days ago as a...